With bike leasing, there are different types of bikes to choose from to meet the individual needs and preferences of the user. The leasing process is flexible so that a wide range of bikes - from traditional city bikes to modern e-bikes - can be leased.

When leasing a bike through MYVELO, you have the freedom to choose from a wide range of bikes that meet your personal needs. Whether it's a classic city bike like the Verona, a modern e-bike like the Berlin or specialized bikes for specific purposes - the selection is large and varied. It is important that the bikes you choose meet your individual requirements and are available within the leasing framework.

There are various tax aspects of bike leasing that are important for both employees and employers. Here are the most important points to consider:

1stTaxation of the monetary benefit

• Monetary benefit:If an employee leases a bicycle or e-bike through his employer and also uses it privately, this creates a monetary benefit that must be taxed.
• 0.25% rule:Since 2020, the 0.25% rule has applied to bicycles and e-bikes. This means that 0.25% of the gross list price of the bicycle is taxed monthly as a monetary benefit. This significantly reduces the tax burden compared to the previous 1% rule.
• Calculation example:For an e-bike with a gross list price of 4,000 euros, the monetary benefit is 10 euros per month (0.25% of 4,000 euros). This amount is added to the employee's taxable income.

2ndsalary conversion

• Salary conversion:Bike leasing is often achieved through salary conversion. Part of the gross salary is converted into a leasing rate.
• Tax advantages:Salary conversion reduces taxable income, which leads to a lower tax and social security contribution burden.
• Cost distribution:Employers and employees can split the leasing costs differently. It is also possible for the employer to cover the entire leasing costs.

3.tax exemption for employers

• Bicycle leasing as a business expense:The leasing installments can be claimed by the employer as business expenses for tax purposes. This also applies to any service and insurance packages.
• Bicycles for business use:If the bicycles are used exclusively for professional purposes (e.g. for business trips), the taxation of the monetary benefit is completely waived.

4thVAT

• input tax deduction:Employers can claim the VAT included in the leasing rates as input tax, provided they are entitled to deduct input tax.
• Private use and VAT:However, if the employee uses the bicycle for private purposes, the employer must tax the private use portion. This is usually done via the payroll.

5thtransfer to third parties

• Use by family members:Even if the leased bicycle is used by family members of the employee, the tax treatment remains unchanged, since the monetary benefit is already taxed at the employee's expense.

6thfunding and grants

• Regional funding programs:There are some regional funding programs that support the purchase or leasing of bicycles and e-bikes. These should be checked individually.
• Tax subsidies:Employers can provide tax-free subsidies for the use of public transport and bicycles, provided that these are included in the job ticket.

Bike leasing offers various tax advantages for both employees and employers. The taxation of the monetary benefit according to the 0.25% rule, the possibility of salary conversion and the tax deductibility as business expenses make bike leasing an attractive option. It is advisable to discuss the individual tax implications with a tax advisor in order to achieve maximum tax efficiency.

At the end of the lease term, the lessee has several options, depending on the contract terms and the leasing provider. Here are the most common options:

1stpurchase of the bike

• residual value purchase:It is often possible to buy the bike at the residual value. The residual value is an amount specified in the contract that reflects the current value of the bike at the end of the leasing period.
• Purchase option:The lessee can decide to take over the bike by paying the residual value. This allows the bike to be owned and used permanently.

2ndreturn of the bike

• Return conditions:If the lessee does not wish to purchase the bike, it must be returned in a condition specified in the contract. It is important that the bike is free from major damage and in a well-maintained condition.
• Assessment of the condition:The leasing provider will inspect the bike and assess its condition. Any damage beyond normal wear and tear may incur additional charges.

3.extension of the leasing contract

• contract extension:Some leasing providers offer the option to extend the leasing contract. This can be useful if the lessee wants to continue using the bike without buying it.
• New conditions:The conditions for the contract extension may differ from the original ones and should be checked carefully in advance.

4thconclusion of a new leasing contract

• Leasing a new bike:The lessee can also conclude a new leasing contract for a different or a new model. This offers the opportunity to always use a modern and up-to-date bicycle.
• Return and new beginning:The old bike is returned and the new lease agreement takes effect, often with similar financial terms as before.

Important points when returning

• Condition assessment:The condition of the bike when returned is crucial. Normal wear and tear is usually accepted, but major damage or missing parts may incur additional costs.
• Documentation:It is helpful to document the condition of the bike before returning it to avoid any potential disputes.
• Service and maintenance:Regular maintenance and care during the lease period can help keep the bike in good condition and avoid additional costs when returning it.

Summary

At the end of the lease term, the lessee has several options: purchasing the bike for the residual value, returning the bike, renewing the lease or entering into a new lease. Each of these options has its own advantages and disadvantages and the decision will depend on the lessee's individual needs and preferences. It is important to carefully review the terms of the contract and, if necessary, consult with the leasing provider or a specialist advisor to make the best decision.